East African Mining News Unearthing Mining Opportunities in East Africa

The Southwestern Ethiopian Peoples’ Regional State has delivered 150 kilograms of gold to the National Bank of Ethiopia during the current fiscal year, halving its initial target of 300 kilograms. Gebremariam Setegn, Director General of the Regional Mining and Energy Development Agency, attributed the shortfall primarily to illegal trade and …

Water-related risks can easily be underestimated in a due diligence study of a mining operation, with pollution and flooding being among the many aspects that prospective investors or lenders need to consider. “In most mining transactions, the issue of water generally presents a significant risk to investors,” said Peter Shepherd, …

ENTEBBE, UGANDA – In a significant move set to bolster the East African oil and natural gas sector, the Petroleum Upstream Regulatory Authority (PURA) of Tanzania, the Zanzibar Petroleum Regulatory Authority (ZPRA), and the Petroleum Authority of Uganda (PAU) have officially signed a Memorandum of Understanding (MoU). The agreement, inked …